Descartes Study: 74% of Supply Chain Leaders See Technology as Key to Growth Amid Rising Global Trade Complexities

Core Insights - The study by Descartes Systems Group reveals that 74% of supply chain and logistics leaders view technology as fundamental to their growth strategy amid global trade challenges, increasing to 88% for companies expecting over 15% growth in the next two years [1][5] - 59% of respondents consider technology extremely important for gaining a competitive advantage in international trade [1] Technology Capabilities - Global trade intelligence is identified as the top technology capability expected to deliver the greatest value in the next two years, cited by 36% of respondents [2] - Global trade analytics follows at 27%, and supply chain mapping at 26% [2] Industry Perspectives - Across various sectors, global trade intelligence is recognized as the leading technology capability, with specific percentages: manufacturing (40%), wholesale and distribution (44%), finance and insurance (38%), and retail (30%) [4] Research Methodology - The survey conducted by Descartes and SAPIO Research included 978 supply chain intelligence leaders from key trading nations across Europe, North and South America, and Asia-Pacific [5] - The aim was to understand strategies, tactics, and technologies used by companies in international trade to gain a competitive edge and ensure business growth [5]